Eaglehawk is a mid-sized suburb in Victoria within the Greater Bendigo local government area (postcode 3556). With a population of 5,538, the suburb has an established demographic with a median age of 43. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Eaglehawk is $515,000, having grown strongly 6.1% over the past year. Units have a median price of $358,000 (-13.5% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Eaglehawk is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 2 rail stations, 45 bus stops. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Eaglehawk offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($515K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +6.1% year-on-year.
Eaglehawk is a mid-sized suburb in Victoria within the Greater Bendigo local government area (postcode 3556). With a population of 5,538, the suburb has an established demographic with a median age of 43. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Eaglehawk is $515,000, having grown strongly 6.1% over the past year. Units have a median price of $358,000 (-13.5% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Eaglehawk is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 2 rail stations, 45 bus stops. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.
From an investment perspective, Eaglehawk offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($515K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +6.1% year-on-year.